(PAYX) Paychex Inc complete technical analysis [charts+indicators] | Buy/Sell Paychex Inc | (PAYX) share price targets
Complete technical analysis of Paychex Inc (PAYX) by charts plus indicators, forecast predictions and share price targets for Paychex Inc (PAYX)
Paychex Inc trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-07-29 View latest technical analysis
10 day averaged volume of Paychex Inc is 2073091
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 126.77 | 126.01 | 127.11 | 125.24 | 0.461 times |
| 26 Fri Jul 2024 | 125.75 | 124.45 | 126.19 | 124.26 | 0.662 times |
| 25 Thu Jul 2024 | 123.98 | 124.10 | 127.40 | 123.77 | 0.882 times |
| 24 Wed Jul 2024 | 123.24 | 124.00 | 124.09 | 122.68 | 1.343 times |
| 23 Tue Jul 2024 | 123.71 | 122.38 | 124.23 | 122.13 | 0.873 times |
| 22 Mon Jul 2024 | 122.98 | 123.07 | 123.64 | 121.33 | 0.765 times |
| 19 Fri Jul 2024 | 122.68 | 124.48 | 124.89 | 122.31 | 0.879 times |
| 18 Thu Jul 2024 | 124.24 | 125.55 | 128.18 | 123.80 | 1.33 times |
| 17 Wed Jul 2024 | 126.81 | 124.58 | 126.92 | 124.57 | 1.458 times |
| 16 Tue Jul 2024 | 124.28 | 121.54 | 124.31 | 121.49 | 0.864 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 124.7, but if it comes below 124.7, then a intra day sell could be more profitable.
If you take a sell trade below 124.7, then use 124.7 as stoploss and 121.12 as target. However if you take a buy trade in stock , then use 124.7 as stoploss and 129.1 as target.
Share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Target | 114.72 |
| Downside Target | 121.33 |
| Downside Target | 124.36 |
| Downside Target | 125.24 |
| Downside Target | 126.71 |
| Upside Target | 127.11 |
| Upside Target | 127.40 |
| Upside Target | 127.48 |
| Upside Target | 127.75 |
| Upside Target | 128.18 |
Intraday share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Intraday Target | 125.64 |
| Downside Intraday Target | 124.5 |
| Upside Intraday Target | 127.51 |
| Upside Intraday Target | 128.24 |
| Downside Intraday Target | 126.37 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 126.77 | 126.01 | 127.11 | 125.24 | 0.102 times |
| 26 Fri Jul 2024 | 125.75 | 123.07 | 127.40 | 121.33 | 0.826 times |
| 19 Fri Jul 2024 | 122.68 | 118.58 | 128.18 | 118.58 | 1.285 times |
| 12 Fri Jul 2024 | 118.30 | 117.48 | 118.85 | 115.40 | 3.323 times |
| 05 Fri Jul 2024 | 117.54 | 118.20 | 118.38 | 116.33 | 0.588 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Paychex Inc (PAYX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 126.77 | 118.97 | 128.18 | 115.40 | 0.84 times |
| 28 Fri Jun 2024 | 118.56 | 120.14 | 127.75 | 115.54 | 1.313 times |
| 31 Fri May 2024 | 120.16 | 118.87 | 127.48 | 117.15 | 0.706 times |
| 30 Tue Apr 2024 | 118.81 | 123.00 | 126.71 | 114.72 | 1.315 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Paychex Inc (PAYX)
Price action analysis of Paychex Inc ( (PAYX) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Paychex Inc ( (PAYX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Paychex Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Paychex Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Paychex Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Paychex Inc in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Paychex Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 124.41 and Paychex Inc (PAYX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Paychex Inc (PAYX) stock. Volume based technical analysis of Paychex Inc (PAYX) stock is negative.
Paychex Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Paychex Inc ( (PAYX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Paychex Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Paychex Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Paychex Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Paychex Inc in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Paychex Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 124.41 and Paychex Inc (PAYX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Paychex Inc (PAYX) stock. Volume based technical analysis of Paychex Inc (PAYX) stock is negative.
Paychex Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.